Author: Loveworld UK

The Government has dismissed any suggestion that Unilever’s decision to abandon its UK headquarters is connected to Brexit. The company, behind top consumer brands including Marmite and Persil, confirmed a move to Rotterdam on Thursday morning.The announcement was made less than 24 hours after Sky News reported the decision was to be finalised by the boards of its current dual British and Dutch holding companies.Under the changes, which Unilever said would result in no job losses among its 7,300 UK staff, the two holding companies would become a “single legal entity incorporated in the Netherlands”.It began to ponder the shake-up…

Jeremy Corbyn was accused of “appeasement” towards Russia as MPs – including his own backbenchers – voiced anger at the Labour leader’s apparent reluctance to directly blame Moscow for the Salisbury nerve agent attack. Mr Corbyn was heckled in the House of Commons on Wednesday as he responded to the Prime Minister’s statement setting out a range of retaliatory measures the UK will take against Russia. The Labour leader described the Salisbury attack as an “appalling act of violence”, but urged the Government to ensure its response is “decisive, proportionate and based on clear evidence”. Mr Corbyn also called on Theresa May…

The Prime Minister has unveiled a raft of measures against Russia in response to the Salisbury nerve agent attack. The UK will kick out 23 Russian diplomats, suspend bilateral relations with Moscow, toughen sanctions powers and lead a boycott of dignitaries at this summer’s World Cup, Theresa May said.Following the poisoning of former spy Sergei Skripal and his daughter Yulia, Mrs May told MPs on Wednesday there can be “no alternative conclusion” other than the Russian state being responsible for their attempted murder.Speaking to the House of Commons, the Prime Minister accused Moscow of responding with “sarcasm, contempt and defiance”,…

All 3,000 staff at Toys R US are set to lose their jobs after administrators for the stricken toy chain admitted defeat in their efforts to find a buyer. Moorfields, appointed to oversee the UK business after its collapse a fortnight ago, will wind down all 100 stores over the next six weeks though it did not rule out the possibility of bid interest for some of the sites.Workers were told the grim news on Wednesday morning alongside details of the first redundancies , involving 67 head office staff in Maidenhead. Image: Toys R Us stock is being flogged ahead…

Unilever, the maker of Dove shampoo and Marmite, is set to bring the curtain down on nearly a century of corporate history by axing its UK headquarters‎ and consolidating its legal base in the Netherlands. Sky News has learnt that directors of Unilever‎’s dual British and Dutch holding companies are meeting in the coming hours to finalise the landmark decision.An announcement will be made on Thursday – or possibly late on Wednesday – according to City sources who cautioned that the formal verdict had not yet been rubber-stamped by Unilever’s boards.Unilever – created in 1929 by the merger of Britain’s…

No President has ever fired a Secretary of State via social media before – but it was still possibly not the most significant moment in Donald Trump’s last 24 hours. Way out in rural Pennsylvania, the news that Democrat Conor Lamb had taken a special congressional election to the wire is what’s ringing the loudest alarm bells in the White House. Image: US Democratic congressional candidate Conor Lamb at his election night rally With a handful of absentees votes still to be counted on Wednesday, the 33-year-old former US Marine was neck-and-neck in a district that Donald Trump swept by…

This was the most revealing sentence of the Chancellor’s spring statement.It rather acknowledged that, contrary to some excitable advance comment, the official growth predictions were still very sluggish for an advanced economy in the middle of a sustained surge in global growth.That was attached to the news of a tiny upgrade to predicted growth in 2018, to 1.5%.However, in the small print at the same time, growth in 2021 and 2022 had been downgraded by 0.1%.Never before have we had a five-year stretch of growth at 1.5% or below, but this is what the Office for Budget Responsibility (OBR) now…

The death of a 68-year-old Russian man in London is being investigated by counter-terrorism officers, Scotland Yard has said. While officers are not naming him, he is believed to be businessman Nikolai Glushkov, who was top of a list of “fugitives from justice” published by the Russian embassy which accused him of committing “severe financial offences”.Scotland Yard said anti-terror police were investigating his death “as a precaution because of associations that the man is believed to have had”.But it said there was “no evidence to suggest a link to the incident in Salisbury”, adding that the death was being treated…

Philip Hammond offered the prospect of a boost to public spending later this year as he presented upgraded growth forecasts and predictions of falling inflation, debt and borrowing in his spring statement. The Chancellor declared there is “light at the end of the tunnel” after years of belt-tightening, as he rejected his “Eeyore” nickname and announced himself “positively Tigger-like” about UK’s fortunes.But, Labour accused Mr Hammond of “complacency” and a “missed opportunity” to ease pressures on public services, while the Government’s independent forecaster played down suggestions of a major improvement in the public finances.Since the Chancellor’s Budget in November, the…

The man set to become the new US Secretary of State is a conservative hardliner who has grown close to Donald Trump during a meteoric career. Mike Pompeo, the outgoing CIA director, replaces Rex Tillerson as the country’s top diplomat.He made his name when he became an outspoken critic of Hillary Clinton as a member on the special committee Republicans formed to investigate the 2012 killing of a US ambassador and three other Americans in Benghazi, Libya.Mr Pompeo, 54, entered the political scene as a member of the Tea Party movement within the Republican Party.As CIA director – which is…